First National Bank & Trust Co. of Newtown Reduces Stock Holdings in DuPont de Nemours, Inc. (NYSE:DD)

First National Bank & Trust Co. of Newtown reduced its position in shares of DuPont de Nemours, Inc. (NYSE:DD) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,678 shares of the basic materials company’s stock after selling 1,260 shares during the period. First National Bank & Trust Co. of Newtown’s holdings in DuPont de Nemours were worth $738,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Handelsbanken Fonder AB lifted its stake in shares of DuPont de Nemours by 25.8% in the 4th quarter. Handelsbanken Fonder AB now owns 162,843 shares of the basic materials company’s stock valued at $12,417,000 after purchasing an additional 33,348 shares during the last quarter. Ieq Capital LLC raised its holdings in DuPont de Nemours by 118.3% in the 4th quarter. Ieq Capital LLC now owns 54,893 shares of the basic materials company’s stock valued at $4,186,000 after buying an additional 29,746 shares during the period. Private Advisor Group LLC lifted its position in DuPont de Nemours by 4.9% in the fourth quarter. Private Advisor Group LLC now owns 73,896 shares of the basic materials company’s stock valued at $5,635,000 after buying an additional 3,432 shares during the last quarter. Cardinal Capital Management boosted its stake in DuPont de Nemours by 0.7% during the fourth quarter. Cardinal Capital Management now owns 30,495 shares of the basic materials company’s stock worth $2,325,000 after buying an additional 214 shares during the period. Finally, Atria Wealth Solutions Inc. increased its position in shares of DuPont de Nemours by 16.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 47,920 shares of the basic materials company’s stock valued at $3,654,000 after acquiring an additional 6,685 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DD shares. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a research report on Thursday. Wells Fargo & Company lowered their price target on DuPont de Nemours from $107.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. Barclays upgraded DuPont de Nemours from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $85.00 to $89.00 in a report on Thursday, February 13th. BMO Capital Markets raised their target price on DuPont de Nemours from $105.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Finally, Royal Bank of Canada dropped their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $98.75.

DuPont de Nemours Stock Performance

Shares of DuPont de Nemours stock opened at $82.49 on Thursday. The business has a 50-day simple moving average of $77.64 and a 200-day simple moving average of $81.16. The company has a market cap of $34.48 billion, a PE ratio of 49.40, a P/E/G ratio of 2.16 and a beta of 1.34. DuPont de Nemours, Inc. has a one year low of $67.70 and a one year high of $90.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33.

DuPont de Nemours (NYSE:DD) last posted its quarterly earnings results on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, topping the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. On average, equities research analysts forecast that DuPont de Nemours, Inc. will post 4.38 EPS for the current fiscal year.

DuPont de Nemours Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.